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Author Topic: [ANN] Ethereum: Welcome to the Beginning  (Read 1844888 times)
tiCeR
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September 09, 2018, 05:01:33 AM
 #20221

All the same summer for the markets was dead. Let's see what the fall will give us, I think there will be some revival in the market.

Well there are now more and more voices claiming that fall will repeat the pattern from last year, but I doubt that a lot. If that was the case then it would maybe start to rise slowly very soon and not out of a sudden in fall.

1 year cicle is too short, i think we will se a true alt season until 2020 with the bitcoin halving, about Ethereum i think the 2 reward per block is a good idea, it would be intersting when if this becomes a POS coin
It's not about the technical aspect I guess, it's about the adoption.
People will use crypto because it's getting popular now, the adoption is increasing but whales do not want the progress to reflect on the price
so they manipulate it hard.

Don't forget the present fiat currency crisis in the emerging markets.
in fact there is presently a powerful tide towards usd, returning from periphery.
however usd could be the next victim, being very fragile in itself.
i agree with a powerful wave toward cryptos, beginning soon.

People will NOT use it because it's getting popular. They will buy it because it's getting popular. So far it is still more convenient to use credit and debit cards than crypto. Those using crypto do it because they want to put it to the test and help with adoption, but that is only for crypto evangelists. To have the masses use it on a daily basis, a lot of things have to happen first.

The ecosystem is certainly being built for crypto-adoption. The issue with many of the notable projects in my opinion is that they focus on solving crypto related issues rather than real world issues. Supporters and financial backers tend to gravitate more to these platforms unfortunately. But there's select few projects I am watching now who will incorporate crypto into the daily lives of many in a hassle free way.

This is true, I feel the same way. As long as these projects try to tackle problems that only exist in the crypto world, mass adoption just won't happen.

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September 09, 2018, 05:01:57 AM
 #20222

Why does the price drop so much? Can someone tell me that? IS THIS THE END? Sad

People are mostly selling their ETHs because of the bitcoin price crash (they want to rebuy at lower price). Not only ETH but the whole market is suffering.


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September 09, 2018, 05:15:59 AM
 #20223

Why does the price drop so much? Can someone tell me that? IS THIS THE END? Sad

People are mostly selling their ETHs because of the bitcoin price crash (they want to rebuy at lower price). Not only ETH but the whole market is suffering.

Relatively sophisticated investors may be selling eth to obtain more bbc because they know it will rebound, however investors like the original qquestioer who invested because they were told they can make some quick money  are panic selling because they do not have a clue what is going on and are watching their money evaporate - the ethereum downward spiral was fuelled by over promising and under delivering its scaling solutions, this creates lack of confidence and the house of cards starts to tumble.
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September 09, 2018, 05:28:12 AM
 #20224

The price of ETH coins has been very poor recently. The current price is already relatively low. ETH is worth holding for a long time and can be bought in batches.
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September 09, 2018, 05:32:35 AM
 #20225

I just have a hard time believing that Ethereum just dropped from 400 to less than 200 in a little over a month and I thought $400 was low compared to the all time high.  I know this stuff volatile but I just cannot believe there are 7 billion people in this world and I read an article 79% people know about Cryptocurrency, Eth is the 2nd biggest without a question in marketcap, and several months later there is still more selling.  Yet the bullish news is mindboggling to me about BAKKT to set up institutional, IRA and 401K investment and Trump hiring Pro-cryptocurrency SEC commissoner for the commissioner ratio now to more likely favor an ETF approval.  I heard institutional money has up to $30 trillion dollars.  When Goldman Sachs postpones the average top 100 coins crash about 20% yet I doubt the market didn't go up 20% on average when Goldman Sachs started his trading desk. 
"Good news" in a bear market will not help the price - bad news in a bear market will only panic the already panic stricken even further .. Ethereums godhead being quoted or misquoted that etfereum is going to zero is like pouring gasoline on an already raging fire, so the eth plankton will all be a nice meal for the whales
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September 09, 2018, 05:33:59 AM
 #20226

Ethereum is a project that affects everyone. It has good vision. Located in this ico campaign. But it is not paid attention because it interacts well with everyone.
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September 09, 2018, 06:34:29 AM
 #20227

LOL, how long before ETH goes in negative!! I know that whole market is affected but ETH is being affected the most % wise. I personally feel it is due to these fomo3d like games where few people are getting thousands of ETH and then they are dumping it on market. And maybe even some ICOs. Do you think there can be any other reason?

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September 09, 2018, 06:38:18 AM
 #20228

Does somebody check\track big ETH ICO wallets? I'm very interested to see dynamics of these...

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September 09, 2018, 06:53:46 AM
 #20229

The price of ETH coins has been very poor recently. The current price is already relatively low. ETH is worth holding for a long time and can be bought in batches.

it is really surprising to see a very eye-dropping price Sad everyone now talks about the price of eth so much speculation. and I'm afraid that it will affect the price to fall more and more.

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September 09, 2018, 07:37:53 AM
 #20230

Big news

https://inc42.com/buzz/cryptocurrency-this-week-while-uzbekistan-legitimises-bitcoin-iran-recognises-mining-as-industry-and-more/


Ethereum wil shine soon
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September 09, 2018, 08:04:06 AM
 #20231

Why does the price drop so much? Can someone tell me that? IS THIS THE END? Sad

People are mostly selling their ETHs because of the bitcoin price crash (they want to rebuy at lower price). Not only ETH but the whole market is suffering.
Actually, if you check the market dynamics, eth drops preceeded bitcoin drops. In other words, people are selling eth for bitcoin (on exchanges without fiat withdrawals like Polo, Binance, etc.) then cashing out on other exchanges. So the last drops of bitcoin are due to the eth crash!  If the leaders of the project say that it can go to zero, then nobody will believe in it any more. A huge mistake!

"In a lengthy Reddit reply, Ethereum’s co-founder Vitalik Buterin refuted that argument, stating that while possible in theory, the extinction of ETH is highly unlikely to happen, pointing at two imminent changes in the Ethereum protocol."

Read more:
https://bitcoinexchangeguide.com/ethereum-price-is-going-to-0-if-no-blockchain-protocol-changes-are-made-vitalik-agrees/

https://cryptovest.com/news/bitcoin-core-dev-claims-ethereum-eth-can-go-to-zero-vitalik-strikes-back/
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September 09, 2018, 08:22:02 AM
 #20232

Ethereum saw all those high prices because of these ICO's which are crashing it as well. There is no other reason than the dumping of high amounts of Ethereum collected during those mega funded initial coin offerings till now. True side is as someone mentioned up cashing out of Ethereum is causing drop in Bitcoin value as well. In a single month Bitcoin is at almost same range while Ethereum has lost 50% of its value.



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September 09, 2018, 08:23:17 AM
 #20233


No doubt that is big news but in current situation these are not working anymore. A month ago when I bought some coins over $350 and it was looking it will be bottom but it get more critical and now it is under psychological barrier of $200.

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September 09, 2018, 08:27:30 AM
 #20234

ETH has no real world usage and now that the hot air is finally going out of the massive bubble, don't be suprised if we will see ETH prices in the sub $50 range real soon.

ALL HOT AIR. NO REAL WORLD USAGE. PRICE WAY TOO INFLATED.

IT'S ALL CRASHING DOWN NOW. GAME OVER!!
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September 09, 2018, 09:22:14 AM
 #20235

I had not experienced such horror for a very long time. How could you destroy such a promising project, who will now invest in it? Eth mocked his holders.

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September 09, 2018, 10:08:13 AM
 #20236

LOL, how long before ETH goes in negative!! I know that whole market is affected but ETH is being affected the most % wise. I personally feel it is due to these fomo3d like games where few people are getting thousands of ETH and then they are dumping it on market. And maybe even some ICOs. Do you think there can be any other reason?

Well, for every one who is getting a lot of ETH there there is also some who are losing it. But you may be right, since the latters would probably be holders while the winnders would possibly be dumpers.

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September 09, 2018, 10:19:31 AM
 #20237

It is just buying opportunity and nothing else. Those are selling will be regretting here because markets don't build or demolished like this in matter of days. There are lot of shitcoins existing for years without any usability. Ethereum is bigger than those and billions of dollars market with many use case than fund raising alone.
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September 09, 2018, 11:43:27 AM
 #20238

may drop to 0.00137




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September 09, 2018, 11:49:44 AM
 #20239

LOL, how long before ETH goes in negative!! I know that whole market is affected but ETH is being affected the most % wise. I personally feel it is due to these fomo3d like games where few people are getting thousands of ETH and then they are dumping it on market. And maybe even some ICOs. Do you think there can be any other reason?

Well, for every one who is getting a lot of ETH there there is also some who are losing it. But you may be right, since the latters would probably be holders while the winnders would possibly be dumpers.

Of course that is true.

There are hundreds of ETH holders with large amounts whose cost level is $1 to $10.  If they feel like cashing out a bit (more), even $100 is a great sell for them.

The price will rise only if there is a much larger wave of new buyers. If that is coming, it will take some time , probably months to years.


It comes down to the same thing with all crypto : either you believe in the long term survival and use case,  or not.  If you do, then be prepared to hodl , even to much lower prices. If not, then sell out now.
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September 09, 2018, 11:49:56 AM
 #20240


i hope so
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